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Updated over 5 years ago on . Most recent reply
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BRRRR in Oregon or Washington?
Hello all,
We live in Portland OR and are selling a single-family property on the East Coast. We would like to 1031 the proceeds into a new property within driving distance of Portland and would like to slowly continue to cluster investments in whichever community we choose.
Questions:
Are there clear advantages to buying in Washington state over Oregon or viceversa? Idaho is also in play as a landlord friendly state but it doesn't quite fit the driveable criteria.
Are there resources that are helpful for finding advantageous markets based on landlord/tenant laws, economic growth, tax advantages in the state or other indicators?
Thanks all,
G
Most Popular Reply
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I agree with @Jay Hinrichs. Longview has great prices but beware of your tenants there. Longview seems to be in s hard place right now. Lots of abandoned commercial properties and an area of high drug use.